Living in Cedar Lake, Indiana

Cost of living, income, home prices, rent and demographics of Cedar Lake · Census data 2020–2024

Cedar Lake has 15,295 residents with a median age of 40.2. The median household income is $83,381 (16% higher than the Indiana median), the median home value is $282,000, the median rent is $1,350/month.

Cedar Lake at a glance

Population
15,295
Median age
40.2State: 38.1
Median household income
$83,381State: $71,957
Median home value
$282,000State: $218,200
Median rent
$1,350/moState: $1,062
Homeowners
85.2%
Bachelor's degree or higher
27.4%
Average commute
32 min

Is Cedar Lake a good place to live?

Pros: Median household income 16% higher than the Indiana median; a poverty rate of 3.5%.

Cons: Home values 29% higher than the state median; an average commute of 32 minutes; unemployment of 5.5%.

The weather is best in June to September.

Cost of living in Cedar Lake

Housing is the biggest part of the cost of living. In Cedar Lake the median home value is $282,000, 15% lower than the U.S. median. Renters pay a median of $1,350 per month, which is 29.1% of household income. Homeowners with a mortgage pay $1,644 a month in housing costs.

Median home value

Cedar Lake$282,000
Indiana$218,200
United States$332,700

Median monthly rent

Cedar Lake$1,350
Indiana$1,062
United States$1,413

Cedar Lake median household income

The median household income in Cedar Lake is $83,381 and the income per person is $40,962. 3.5% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Cedar Lake$83,381
Indiana$71,957
United States$80,734

Housing in Cedar Lake: homes for sale and rent

Housing units
6,140
Owner-occupied
85.2%
Renter-occupied
14.8%
Vacant
10.4%Includes seasonal homes
Median year built
1997
Average household size
2.78

Cedar Lake demographics

Population
15,295
Median age
40.2
Under 18
23.7%
65 and older
15.7%
Households
5,500
Foreign-born
2.5%
Veterans
5.7%Adults 18+

Race and ethnicity

White89%
Hispanic or Latino8.5%
Black0.2%
Asian1%

Hispanic or Latino can be of any race. Population history of Cedar Lake ›

Education in Cedar Lake

27.4% of adults 25 and older in Cedar Lake have a bachelor's degree or higher (Indiana: 29.5%), and 12.7% have a graduate or professional degree.

Bachelor's degree or higher

Cedar Lake27.4%
Indiana29.5%
United States35.7%

Jobs and commute in Cedar Lake

Unemployment rate
5.5%State: 4.3%
Average commute
32 minState: 24 min
Work from home
7%
Drive alone
81.1%
Public transit
0.3%
Walk to work
0.7%
Homes with broadband
91.7%

Cedar Lake vs nearby towns

TownPopulationMedian incomeHome valueRent
Cedar Lake15,295$83,381$282,000$1,350
Lake Dalecarlia1,169$118,472$327,100—
St. John22,567$131,467$406,300$989
Crown Point34,393$101,686$294,800$1,485
Lowell11,073$84,024$248,000$1,123
Willowbrook1,913$89,773$280,700—
Schererville29,701$89,466$314,900$1,310
Plum Valley520$142,169$339,200—
Beecher4,728$103,415$269,500$1,078

More for people moving to Cedar Lake

Cedar Lake ZIP code ›Weather and climate ›

Living in Cedar Lake: FAQ

What is the median household income in Cedar Lake, IN?

The median household income in Cedar Lake is $83,381, 16% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Cedar Lake?

The median home value in Cedar Lake is $282,000, compared with $218,200 in Indiana.

How much is rent in Cedar Lake?

The median gross rent in Cedar Lake is $1,350 per month, about 29.1% of household income.

Is Cedar Lake, IN a good place to live?

Pluses: median household income 16% higher than the Indiana median; a poverty rate of 3.5%. Minuses: home values 29% higher than the state median; an average commute of 32 minutes; unemployment of 5.5%.

What is the median age in Cedar Lake?

The median age in Cedar Lake is 40.2 years (Indiana: 38.1).

How long is the commute in Cedar Lake?

The average commute to work in Cedar Lake is 32 minutes; 7% of workers work from home.

What is the unemployment rate in Cedar Lake?

The unemployment rate in Cedar Lake is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cedar Lake?

27.4% of adults in Cedar Lake have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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